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Why I Told My Client Not to Pay Off Their Mortgage Before Retiring

Why I Told My Client Not to Pay Off Their Mortgage Before Retiring

Paying off a mortgage before retirement can feel like a victory lap, but it may leave you with too little liquidity or force unnecessary taxable withdrawals.

In this case, keeping a low-rate mortgage and preserving investable assets provided more flexibility and a better long-term outcome.

The right choice depends on interest rates, cash reserves, tax exposure, and peace of mind—not a one-size-fits-all rule.

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